Peter Wuffli
Peter Wuffli
Dr. Peter A. Wuffliwas appointed President of the Group Executive Board of UBS AG in December 2001 and Group Chief Executive Officer in September 2003. Previously, he was Chairman and CEO of UBS Asset Management and, before that, UBS AG Group Chief Financial Officer...
benefits business five four investment literally nobody performance pleased
We have reaped the benefits from investment banking. We are particularly pleased with our M&A performance in a business where we were literally nobody four or five years ago.
achieved although based believe business clearly earnings focus helped last level markets power record reflects result strategy
As in 2004, we have achieved another record level of profit. Although markets clearly helped us last year, we believe the result also reflects the sustainable earnings power of UBS, based on our client-centric strategy of business focus and growth.
time
I do feel we are (shifting) our priorities,
achieved level record
As in 2004, we have achieved another record level of profit.
agreement bank natural regard relationship
We regard this agreement as a natural development of our long-term relationship with Bank of China.
business compare invest
When you compare our fixed-income business with some of our competitors, there are some gaps. We do see opportunities to invest into people, in some instances into risk.